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You don’t need to be like before, you have to open a factory, do sales channels, and do after-sales service. You’re exhausted, and you end up with a loss at the end of the year.
Moreover, in Palmisano’s speech, he also intentionally referred to Star Technology as a company of Heung Kong. In fact, it is correct to say that. After all, Star Technology’s controlling shareholder is Hong Kong Jiale, which can be regarded as a Hong Kong-funded company.In this way, it is also prepared for the review by the Foreign Investment Committee. After all, the company in Xiangjiang sounds closer ideologically than the company in mainland China.
Standing next to him is Yang Yuanqing, today he is the representative of Xing Technology.
Yang Yuanqing also said with a smile on his face: "I am very happy to be able to acquire such a world-renowned brand as THINKPAD. On behalf of Star Technology Holdings and New Lenovo Group, I would like to make a statement. The brand THINKPAD will not only disappear in the future, but will also be better. Survive and dedicate more and better new computers to consumers around the world!"
Yu Wenfei and the rest of the people all sat under the stage.
"Mr. Fei, why don't you speak up? What a great opportunity, so many foreign reporters are here." Hu Jingjing approached Yu Wenfei and whispered.
Yu Wenfei smiled and asked calmly: "And then? Is there any benefit?"
"Ah... and then you become famous. Think about it, you will be reported in the old American newspapers, and many people will know you and remember your name. How prestigious."
Yu Wenfei didn't explain any more, now is not the time for so-called "prestige", and it is not something to be proud of with a large amount of cash to buy industries that others have eliminated.
When I really enter the United States, more Americans, and even people from all over the world, will remember me!
Chapter 691
Just when Yu Wenfei and New Lenovo Group were gaining popularity in China, some people began to sing bad words about Lenovo in the Xiangjiang securities market.
To make a clear distinction, the new Lenovo Group is not equal to Lenovo Company. The old Lenovo Group is now Lenovo Company, which is also the main body listed in Xiangjiang.
New Lenovo Group is the parent company of Lenovo Corporation. New Lenovo Group has three major companies under its jurisdiction, namely Lenovo Corporation, Alien Computer, and the newly acquired IBM Personal Computer Division. It can also be called THINKPAD Computer.
After all, the core asset of the IBM Personal Computer Division is the THINPAD brand. As for THINK desktops, they are incomparable with THINPAD in terms of sales and popularity.
It is said that when the new Lenovo Group is making great strides, it has just won the IBM Personal Computer Business Unit, and its momentum has been indistinguishable for a while.
However, reflected in Lenovo's stock price, it began to fall sharply on this day!
Moreover, many professional organizations have issued articles one after another, and began to bad-mouth Lenovo's prospects.
"alert!Lenovo is using shareholders' money to subsidize mainland residents. "
"Torture Lenovo Group, why sell computers at a loss! "
"The so-called Huimin Computer will lose more than 200 billion yuan in the whole project, which is shocking! "
"Three years later, Lenovo Computer will occupy the entire mainland market, and at the same time, the company will inevitably go bankrupt! "
"Lenovo's rating downgraded from overweight to sell!" "
These institutions are targeting the "Huimin Computer Project" launched by the new Lenovo Group.
They also have good reasons for looking down on Lenovo. They also gave detailed data in the report. Specifically, the cost price of Huimin computers is high and low. It is inferred from the average purchase price of the industry that every time Huimin computers are sold, Lenovo Group will lose about [-] yuan.
And Huimin Computer will sell a total of 5000 million units, so it doesn't mean that it will lose more than 200 billion...
Lenovo's market value in Xiangjiang is only about [-] billion, which means that it will lose two and a half Lenovos. No matter how you look at it, this is very disappointing.
Of course, they didn't know whether it was intentional or not. They ignored the factor of the continuous price reduction of computer components, and also ignored the factor of two or three years before Huimin's computer was sold, and only calculated according to the current price.
But even if all the factors are taken into account, according to Yu Wenfei's calculation, it will still lose billions. No matter how you look at it, it is impossible to be optimistic about Lenovo's stock price.
As for what they said about using investors' money to subsidize mainland consumers, that's ridiculous.
Because Lenovo's tradable shares in the Xiangjiang stock market are only worth two billion yuan, which is not enough at all.
But stockholders and investors didn't care about this. They just saw the opinions given by professional institutions, and then began to sell Lenovo's stock, directly hitting the stock price in half.
Lenovo's stock price was originally about [-] Hong Kong dollars, but today it directly fell to more than [-] yuan...
It is equivalent to a market value of more than 100 billion, which has become more than 50 billion, and a market value of more than 50 billion has evaporated in one day!
Although Yang Yuanqing went to the United States with his boss, but such a big thing happened, the left-behind executives of the new Lenovo Group did not dare to hesitate. After clarifying the matter, they called Yang Yuanqing immediately.
In the afternoon in China, it is the second half of the night on the American side.
During the day, he had just held a press conference, attended a reception, and spent the day under the flashlights of many media reporters. Yang Yuanqing felt that he had reached the pinnacle of his life.
I was sleeping soundly at night when I was woken up by the harsh ringing of my mobile phone.
After staring in confusion for a long time, Yang Yuanqing reached out and touched the mobile phone on the bedside table, closed his eyes and pressed the switch.
"Hey...hey...who..." he said in a daze.
"Mr. Yang, it's not good. Our company's stock price has dropped sharply today! It's all... all cut off in half..." The company's vice president's anxious voice came from the phone.
Yang Yuanqing came to his senses in a flash. He stood up abruptly and asked anxiously, "What's going on? Why did it fall so much!"
The Xiangjiang stock market is different from the domestic stock market. In the domestic stock market, no matter how big a scandal breaks out in a listed company, the stock price will fall by at most [-]%, which is called a limit down.If you want to fall again, you can only wait for the next day.
But Xiangjiang stock market has no daily limit, which means that the company's stock price can rise to the sky within a day, and can also fall to the bottom of the sea within a day...
It is not unheard of in Xiangjiang for the stock price to drop to a dime or even a penny within a day.
The boss of a listed company with a net worth of billions may become penniless within a day...
The vice president explained the situation to Yang Yuanqing in detail, and finally said helplessly: "People are not spreading rumors, this is the most troublesome thing, the company must respond immediately, otherwise the stock price will not be stable tomorrow. live."
Yang Yuanqing looked at the time, it was past four o'clock at night...
"Don't panic, let the secretary of the company's board of directors issue a short statement first, saying that the Huimin computer project is the main promotion of the new Lenovo Group, and the loss is also borne by the group company, and the relationship with the listed company is not too big. On the contrary, the listed company because of this A super order will benefit a lot, and it will basically monopolize the market in the next three years. For further details, I will discuss it with Mr. Fei after dawn, and then we can talk about it.”
His response was quite appropriate. He stabilized the situation first, and then tried to bring it back.
…………
After hanging up the vice president's phone call, Yang Yuanqing was no longer in the mood to sleep. He got up and washed his face with cold water, turned on his laptop, connected to the Internet, and began to look at what happened in today's stock market and the evaluation reports given by various institutions.
Lenovo's stock price fell sharply today, which is considered a major event in the Xiangjiang stock market. After all, Lenovo Group has a lot of news these days.
What is Huimin's 5000 million computers, what is the acquisition of IBM, and the stock price has come to such a "diving" today.
While watching and thinking, Yang Yuanqing was thinking about how to resolve this crisis.
Before I knew it, it was morning.
After seven o'clock, Yu Wenfei and Hu Jingjing came to the restaurant talking and laughing. When they were about to have breakfast, they met Yang Yuanqing who was full of sorrow.
"Hey! What's wrong with Mr. Yang, was he so excited that he couldn't sleep last night?" Yu Wenfei looked at Yang Yuanqing's dark circles with a funny face.
Yang Yuanqing wasn't in the mood for breakfast at first, he came here to wait for Yu Wenfei, the reason why he didn't knock on the door directly was because... Hey, everyone understands.
"President Fei, something happened in China!" Yang Yuanqing said with a serious face.
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